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Tuesday, October 26, 2021
yes-dan,-there-is-a-money-fairy-(part-2)

Yes Dan, There Is A Money Fairy (Part 2)

Back to our example, having repaid his debt, the bank takes a $10 fee – its profit – and the other $40 is credited to the customer’s regular account. The big question is, if the banks can practise this sleight-of-hand for profit, why can’t our governments do so for the public good? The short answer…
yes-dan,-there-is-a-money-fairy-(part-1)

Yes Dan, There Is A Money Fairy (Part 1)

Former Secret Service agent Dan Bongino (pictured) hosts one of the largest conservative shows on YouTube and other media. His analyses of politics are often spot on, as are his pithy sayings. Two of his favourites are: all debts are paid and there is no power in yes. The first is actually quite a profound…
andrew-yang-—-right-message,-wrong-target-(part-2)

Andrew Yang — Right Message, Wrong Target (Part 2)

The solution for the funding of UBI is very simple, it should be paid out of newly created debt-free money. And when people hear this they cry instinctively “That would cause inflation”. No! Inflation is caused by too much money chasing too few goods. The people at the bottom of society: the underclass, the homeless,…
andrew-yang-—-right-message,-wrong-target-(part-1)

Andrew Yang — Right Message, Wrong Target (Part 1)

Although he has now withdrawn from the Presidential race, the charismatic Yang has been the first person  to bring Unconditional Basic Income firmly under the spotlight of mainstream American politics. Surprisingly, Hillary Clinton actually considered it in 2016, but why give ordinary people money when you can sell your soul to the rich and powerful,…
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